Actions on Applications [40 Pa.B. 6001]
[Saturday, October 16, 2010]The Department of Banking (Department), under the authority contained in the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking Code of 1965; the act of December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking Code; and the act of December 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending September 28, 2010.
Under section 503.E of the Department of Banking Code (71 P. S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file their comments in writing with the Department of Banking, Corporate Applications Division, 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice regarding receipt of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection, by appointment only, during regular business hours. To schedule an appointment, contact the Corporate Applications Division at (717) 783-2253. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.
BANKING INSTITUTIONS Section 112 Acquisitions Date Name and Location of Applicant Action 9-21-2010 Edward E. Shin and group of passive individual investors Filed Application for approval to acquire 100% of the common stock of Royal Asian Bank, Philadelphia. Branch Applications De Novo Branches Date Name and Location of Applicant Location of Branch Action 9-17-2010 CNB Bank
Clearfield
Clearfield CountyMountain View Shopping Center
111 Rolling Stone Road
Kylertown
Clearfield CountyOpened 9-23-2010 Citizens Bank of Pennsylvania
Philadelphia
Philadelphia County1071 Baltimore Pike
Glen Mills
Delaware CountyApproved 9-27-2010 Beneficial Mutual Savings Bank
Philadelphia
Philadelphia County821 West Lancaster Avenue
Wayne
Chester CountyFiled Branch Discontinuances Date Name and Location of Applicant Location of Branch Action 9-23-2010 Graystone Tower Bank
Lancaster
Lancaster County2001 Lincoln Way East
Chambersburg
Franklin CountyApproved 9-23-2010 Graystone Tower Bank
Lancaster
Lancaster County11050 Buchanan Trail East
Waynesboro
Franklin CountyApproved 9-23-2010 NOVA Bank
Berwyn
Chester County1819 John F. Kennedy Boulevard
Philadelphia
Philadelphia CountyApproved 9-23-2010 S & T Bank
Indiana
Indiana County20 North Pennsylvania Avenue
Greensburg
Westmoreland CountyApproved Articles of Amendment Date Name and Location of Institution Action 9-21-2010 Royal Asian Bank
Philadelphia
Philadelphia CountyFiled Amendment to the Fifth Article of the institution's Articles of Incorporation increases the number of authorized common shares to 20 million. 9-24-2010 Community First Bank
Reynoldsville
Jefferson CountyFiled Articles of Amendment provide for the institution's Articles of Incorporation to be amended and restated in their entirety and also authorize the issuance of preferred stock. SAVINGS INSTITUTIONS No activity. CREDIT UNIONS No activity. The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.
STEVEN KAPLAN,
Secretary[Pa.B. Doc. No. 10-1964. Filed for public inspection October 15, 2010, 9:00 a.m.]